$LVS - something to think aboutThe $35 to $30 area has only been broken once, during the 2008 global financial crisis. The company sold its US assets and now operates only in Macau and Singapore.
LVSC trade ideas
‘Death Cross’ in Las Vegas SandsLas Vegas Sands has been trying to overcome weakness in travel stocks, but some traders may see downside risk.
The first pattern on today’s chart is the December high around $56, slightly above the peak in February 2024. Its failure to break out could suggest the casino operator is trapped in a range.
Second, the August low of $36.62 may be viewed as the potential bottom of the range. Does that create a potential space below Monday’s close of $45.34?
Third, LVS has been unable to stay above either its 50-day simple moving average (SMA) or its 200-day SMA.
Finally, the 50-day SMA just formed a “death cross” below the 200-day SMA. That may suggest its longer-term trend is weakening.
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$LVS - Looks attractiveNYSE:LVS looks attractive. If the wedge plays out, it could hit $47 to $50 area.
As always, I share my opinions and trades. I'm not suggesting anyone follow my trades. You do you.
Las Vegas Sands | LVS | Long at $43.76Pros:
Earnings are forecast to grow 13.29% per year
Earnings grew by 18.4% over the past year
2.3% dividend yield
Cons:
Insider selling and exercising of options
Debt-to-equity ratio of 3.8x
Small price gap on the daily chart near $41 that may close prior to a move up.
If people can't buy houses, they will travel... thus, at $43.76, Las Vegas Sands NYSE:LVS is in a personal buy zone.
Targets
$50.00
$57.00
$59.00
LVS to $48My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is spiked negative and under Bollinger Band
Entry at $45.25
Target is $48 or channel top
$LVS with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:LVS after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 77.78%.
the amount of gaps left behind..Price looks like it is being absorbed right now and unfortunetly it didnt hit my line on 55.64 no matter
I sold my shares at a great profit and now i am waiting for it to close at least some of the imbalances and retrace so i can buy again.
Chances are, buy the look of reduced volume and falling price, that a healthy retracement is to occur.
Remember, making money in the markets is to buy things for less than they are worth.
Yearly Vwap is within the gap and a nuke down can give us low vwap support
I'd be ready for any confluence
an RSI divergence is also spotted on the daily with lower volume
LVS SELL ++++LVS another stock trading like a biotech on china stimulus nonsense. Targets $49.19, $46.94 and possibly gap fill
Las Vegas Sands Corp. - LONGHere are the reasons for long:
1. Price has reached a bullish zone (MO)
2. Price made a flip
3. Bullish divergencve on RSI
4. Bullish Volume Confirmation
5. Bullish Candlestick pattern
Expected TP $49.5
SL $36.62 (aggresive) or $33.38
LVS Las Vegas Sands Options Ahead of EarningsIf you haven`t bought the dip on LVS:
Now analyzing the options chain and the chart patterns of LVS Las Vegas Sands prior to the earnings report this week,
I would consider purchasing the 40usd strike price Calls with
an expiration date of 2024-9-20,
for a premium of approximately $3.00.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
LVS can increase in short-term but it will sleep very long time!1) I caught Chart Pattern which is called Symmetrical Triangle on RSI indicator. I drew a line and it shows that this security will sleep very long time to 2033. As you see resistance line of RSI worked very well in the past. It is coming from 2018 and it broke its resistance line already. RSI's 2 moving averages have not crossed yet and it is valid for sell sign.
2) In 2018 Momentum resistance line worked very well like RSI resistance line. I applied moving average on Momentum indicator as you see orange one(8 period SMA). Momentum has not crossed its moving average and it is valid for sell sign.
3) I drew Support line on CCI indicator. It touched 3 times and it is important support line. Also i applied moving average on CCI indicator(14 period WMA). It is valid for sell sign because CCI did not cross its moving average yet.
4) DMI indicator has 3 moving average. +DI(blue one), -DI(orange one) and ADX(red one). ADX is showing trend power not trend direction. It is very important and if it is less than 20, security has low volatility and it is going sideways.
5) Last one, i drew resistance and support line on prices and support line was touched 5 times and it is very important support line. Security can bounce from there. Also Resistance line must be broken soon if security will increase new level of prices.
Lang Target - 65$1. Supertrend positiv
2. Positiv squeeze indicator
3. Up Trend
Target & invalidation level marked in chart
$LVS - Can it breakout?NYSE:LVS Las Vegas Sands has been trading inside a descending broadening wedge.
The oscillators are trending up while the price is in consolidation. Closing above $50 will validate the wedge breakout and open the door to further upside potential.
Upside Targets:
$53
$56
$62
Downside risk:
$44 - $42
Las Vegas Sands Beats expectations Las Vegas Sands (LVS) shares are higher in after-hours trading after the casino operator beat third-quarter earnings expectations and announced it will be authorizing a $2 million buyback program.
Zions Bancorporation (ZION) shares are trading lower in extended hours as the company’s total third-quarter deposits came in lower than analysts expected.
Equifax (EFX) shares are down in after-hours as the company cut its full-year adjusted earnings per share guidance due to the mortgage market in the U.S. and foreign exchange impact.
LVS: Ride Long TradeThis trade was entered on the 14 Feb, I forgot to update it on here. At that point my LVS option trade was performing very well and moving somewhat independently from the broad market. However this changed on the Week of the 15 Feb when Retail and CPI results turned out stronger than expected.
I'm not exiting because I believe the hypothesis still holds and what we are seeing is a broad market reaction which should normalise and then we can make a clearer decision. I expect normalisation to happen on the week of the 7 Feb (Monday, 6 Feb is a bank holiday).
---- Trade Hypothesis ----
It looks like in the short term traders will be more concerned about interest rates and the impact it will have. The sentiment now seems to be that recession will be a soft landing. I think we need to trade on this optimism at least for the next month.
Lets look at categories with strong fundamentals where money might flow into given it’s stability
Resorts and Casinos especially LVS is prime because of China opening up. Most of LVS' casinos are based in Macau and one in Singapore. Similar to the travel industry, we should experience once again the spending power of China's tourism force
LVS Las Vegas Sands Options Ahead of EarningsIf you haven`t bought LVS here:
Then analyzing the options chain of LVS Las Vegas Sands prior to the earnings report this week,
I would consider purchasing the 60usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately 4.00usd.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
$LVS - Watch out for Head and ShoulderNYSE:LVS is in a Head and Shoulders pattern and bounced from the neckline last week. The neckline, which is at $53, is a critical area. If it breaks, we may see further breakdown to the $48, $45, and $40 areas.
On the other hand, breaking above $61 would be bullish and invalidate the Head and Shoulders pattern.
Las Vegas Sands , Buy TF H1. TP = 57.96On the hour chart, the trend started on May 24 (linear regression channel).
There is a high probability of profit. A possible take profit level is 57.96
But do not forget about the SL = 54.77
Using a trailing stop is also a good idea!
Good luck!
Regards, WeBelieveInTrading
